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Apr 18, 2013
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and the president who accuse someone by the name of mitt romney of not paying his taxes. by golly, they get away with it. at some point here facts are going to begin to matter to the american people. your nose? maybe, maybe, just maybe we were right. now, when the president calls on citizens who want to preserve their constitutional rights and the nra lyres, i think we're getting pretty close to the point. i think if you try much harder, mr. president, we will get there. when things get crazy they get crazier. and elvis impersonator arrested. "dobbs law" next. disappointing economic reports and earnings driving the market's lower. a former ceo of the dnc, john allison's eyes this to tell us what it means. the gang of eight makes its pitch for emigration reforms. the secretary of state, chris go back tells us why it is just one big, bad idea. ♪ are you still sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i have great news. is now providing answers families need. siemens. answers. @ you know it
and the president who accuse someone by the name of mitt romney of not paying his taxes. by golly, they get away with it. at some point here facts are going to begin to matter to the american people. your nose? maybe, maybe, just maybe we were right. now, when the president calls on citizens who want to preserve their constitutional rights and the nra lyres, i think we're getting pretty close to the point. i think if you try much harder, mr. president, we will get there. when things get crazy...
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Apr 19, 2013
04/13
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you have to collect taxes and automate processes in a far quicker way to satisfy the needs of a modern economy but the big thing government has to do is stop spending money on things that don't matter. this matters. innovation matters don't do things that a clematis -- commodities vegas investment changes the game. liz: and the stock is up year over year but we watch this closely and oracle of the competitor up 11% so you are doing better. the closing bell rings in 70 minutes. talk about a splash, see world jumps more than 25 percent of the stock market debut. yes they launched the ipo date to doubt the negative news flow and went for a. entertainment joins us next so why was now the good time to go public?@ and as we told you the developing news this hour the boston red sox game against kansas city royals cancelled tonight. you are looking at a live shot of a very empty fenway park just a few miles away from a massive manhunt in watertown and cambridge and will remain empty tonight. no game and the bruins hockey game also canceled for all the developments on fox business. dow jones in
you have to collect taxes and automate processes in a far quicker way to satisfy the needs of a modern economy but the big thing government has to do is stop spending money on things that don't matter. this matters. innovation matters don't do things that a clematis -- commodities vegas investment changes the game. liz: and the stock is up year over year but we watch this closely and oracle of the competitor up 11% so you are doing better. the closing bell rings in 70 minutes. talk about a...
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Apr 23, 2013
04/13
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to tax. "varney & company" about to begin. > >> any politician gets 70 million votes is larger than you and me as much as i hate to admit. it look at the winning smile and trusting eyes and i made myself vital, after 22 years in congress, i can smell which way the wind is blowing. stuart: kevin spacey, we show you that clip why "house of cards" a hit show only showing on netflix and that's why the stock will soar from the opening bell. look at it up nearly 25% pre-market and offered a month free with "house of cards" as the bait and people liked it, big jump in subscribers, almost as many pay for netflix as h.b.o. that means streaming arrived. and apple likely be to be the stock of the day along with netflix and earnings later. tim cook, pressure on him. apple hasn't had a break through since he took over and the entire financial team is on scrutiny. four apple executives are among the top paid of all 500 top company ceo's, get between 68 and 85 million dollars a year. a lot more than tim coo
to tax. "varney & company" about to begin. > >> any politician gets 70 million votes is larger than you and me as much as i hate to admit. it look at the winning smile and trusting eyes and i made myself vital, after 22 years in congress, i can smell which way the wind is blowing. stuart: kevin spacey, we show you that clip why "house of cards" a hit show only showing on netflix and that's why the stock will soar from the opening bell. look at it up nearly 25%...
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Apr 19, 2013
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increase, at the payroll tax. so, these issues we have to get through. i don't think they're major but they are headwinds. now we've got a lot of people thinking about what happened last year. down 3% in the second quarter. people wanted to buy in the market started to dip. wait a minute. this may be more significant. the fact of matter, as he have yesterday, 7% of the companies that reported earnings beat estimates. whether the estimates were poor estimate, weak estimates. the fact of the matter as long as data remains relatively, weak, not strong, muddled through the fed will be a long way as way from ending its quantitative easing. the other thing we havv to pay attention to which i think gives us a lot of upside potential is that what's happening in japan is nothing less than significant. and we need to pay attention to the yen. tracy: so let's first finish with the united states because i know you are hot on the yen. you've talked about it last time you were here. that means based on what you're say, second q
increase, at the payroll tax. so, these issues we have to get through. i don't think they're major but they are headwinds. now we've got a lot of people thinking about what happened last year. down 3% in the second quarter. people wanted to buy in the market started to dip. wait a minute. this may be more significant. the fact of matter, as he have yesterday, 7% of the companies that reported earnings beat estimates. whether the estimates were poor estimate, weak estimates. the fact of the...
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Apr 23, 2013
04/13
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10 years through a series of limits on tax breaks, a tax on the banking industry and new estate taxes. now the tpc estimates that 86% of additional taxes in 2015 will be paid by those earning over $200,000. the president's budget proposal plans on also raising the tax on cigarettes. 94 cents more per pack. the tpc says that the higher cigarette tax will affect low and moderate income families as they are more likely to smoke than higher income earners. there you go. i don't smoke but a pack of cigarettes, my gosh. tracy: a lot of money. ashley: a lot of money. tracy: a sneaky way to get more money out of you because they push you to higher brackets quicker. ashley: yeah. tracy: sneaky. a new on line sales tax expected to clear the senate. could it face a tough battle in the house? we'll have details on that next. ashley: a bogus tweet claiming president obama injured in a white house, explosion sending stocks plunging. we have the latest from washington to wall street. first let's take a look at latest winners and losers as we head to break. @ menaced the close, let's go to the f
10 years through a series of limits on tax breaks, a tax on the banking industry and new estate taxes. now the tpc estimates that 86% of additional taxes in 2015 will be paid by those earning over $200,000. the president's budget proposal plans on also raising the tax on cigarettes. 94 cents more per pack. the tpc says that the higher cigarette tax will affect low and moderate income families as they are more likely to smoke than higher income earners. there you go. i don't smoke but a pack of...
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Apr 18, 2013
04/13
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nevermind tax pain, but what gout tax gain? thank you to the tax man. cheryl: tax pain is easy to think of the irs, but coming up, how 24 agency employees scammed the government and taxpayers out of big bucks, and they did it under the boss' nose. that would be uncle sam. looking at the oil contracts before break. we are, again, blow $90 a barrel, 87.52 on oil. take a look at that. ♪ , and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll finde good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. trust your instincts to make the call. to treat my low testosterone, my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than
nevermind tax pain, but what gout tax gain? thank you to the tax man. cheryl: tax pain is easy to think of the irs, but coming up, how 24 agency employees scammed the government and taxpayers out of big bucks, and they did it under the boss' nose. that would be uncle sam. looking at the oil contracts before break. we are, again, blow $90 a barrel, 87.52 on oil. take a look at that. ♪ , and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere...
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Apr 23, 2013
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i think what we see inexas is that taxes, you know, leads t nation in terms of numbers of worker fatalities, and i think that that is a consequence of not being diligent enough in terms of making sure that the facilities that are operating across the state are complying with the state and federal laws that are out the in existence. melissa: so, i mean, this is a problem that could touch anyone in our audience because in texas alone there are 1100 of these little local facilities, fertilizer that sell ctom blends. this is all around the country. what is the bottom line on who you think should be responsible or who is responsible for making sure that they are in compliance and that the emergency response teams are not putting themselves in harm's way when they g in to try and help in the emergency situation? >> well, that's right. i think, you know, there are a number of things that could be done. for instance, the fact that a school and a rest home and hospital or all in very close proximity to the fertilizer plant, i think that is an issue. you know, that is something that needs to be resol
i think what we see inexas is that taxes, you know, leads t nation in terms of numbers of worker fatalities, and i think that that is a consequence of not being diligent enough in terms of making sure that the facilities that are operating across the state are complying with the state and federal laws that are out the in existence. melissa: so, i mean, this is a problem that could touch anyone in our audience because in texas alone there are 1100 of these little local facilities, fertilizer...
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Apr 24, 2013
04/13
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there is 10,000 different tax enties or and taxing units within this country. how do the small business figure out to comply with a law they might have to send sales tax revenue to chief lapped, cuyahoga county, state of ohio? it sounds incredibly complicated and incredibly expensive for that business? >> that talking point comes out of 1992 supreme court decision points out complexity with dealing with all the different tax jurisdictions. in 20th century there is app for that. we think technology can solve most of the problems efficiently and quickly. most online marketplaces like ebay already serve to collect sales tax from their local small, their small sellers online. adam: but ebay is ale opposed to legislation. they want the cap raised to $10 million in sales annually. i'm curious. anyone ever said how much it would cost a business, let's say around 900,000 in revenue to comply or buy the app or get software that would allow them to be compliant? >> most recent study i saw from 2006. technology is solving those problems and we don't think the cost numbers
there is 10,000 different tax enties or and taxing units within this country. how do the small business figure out to comply with a law they might have to send sales tax revenue to chief lapped, cuyahoga county, state of ohio? it sounds incredibly complicated and incredibly expensive for that business? >> that talking point comes out of 1992 supreme court decision points out complexity with dealing with all the different tax jurisdictions. in 20th century there is app for that. we think...
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Apr 23, 2013
04/13
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who you how do they bring all the cash back here without a huge tax bill? >> just call bank of america and borrow it at 2%. david: okay. >> your dividend with the increase grosses up to 4.5%. so it is a negative cost to finance at the margin if you, if you borrow. so, this isn't a problem at all. i think, also, i'm a great student of dr. john malone, this cop use some leverage. i this we're really moving in the right direction. liz: we have got breaking news and that is apple beat estimates on both the top and the bottom lines. let's stop. we want to let our viewers know, still halted right now. the second it starts trading we will get you that price but john bright is saying he expects it to move higher in the after-market. rob, what do you think? in a way the outlook is a little mixed here? >> i actually expect it to move higher in the after-market as well though i don't think it has hit bottom yet. i think we'll go through a number of cycles as this company proceeds. it will be a upcycle for a while and outlook will take hold as we drop into the next qua
who you how do they bring all the cash back here without a huge tax bill? >> just call bank of america and borrow it at 2%. david: okay. >> your dividend with the increase grosses up to 4.5%. so it is a negative cost to finance at the margin if you, if you borrow. so, this isn't a problem at all. i think, also, i'm a great student of dr. john malone, this cop use some leverage. i this we're really moving in the right direction. liz: we have got breaking news and that is apple beat...
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Apr 22, 2013
04/13
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cheryl: more tax pain. legislation to boost internet sales taxes. peter barnes is standing by. >> i think the last 20 years, cheryl. this legislation has led to a titanic lobbying battle between brick-and-mortar retailers and many internet retailers led by ebay. it appears that it finally passed congress this year. in part because so many states need the revenue so badly. it means you would be required to collect sales taxes nationwide from no more than 9600 tax jurisdictions across the u.s. for brick-and-mortar retailers, we have an app for that. >> they will provide for software from the states to help small businesses comply. we think that online marketplaces like ebay could also serve this function. therefore, we think it would be reasonably easy for many businesses to comply with this law. peter: states say this legislation could help collect $23 billion. california alone could pull in an extra $4 billion a year. the fight right now is really over an exemption small online retailers. ebay is pushing for an exemption of under 10 million or 50 em
cheryl: more tax pain. legislation to boost internet sales taxes. peter barnes is standing by. >> i think the last 20 years, cheryl. this legislation has led to a titanic lobbying battle between brick-and-mortar retailers and many internet retailers led by ebay. it appears that it finally passed congress this year. in part because so many states need the revenue so badly. it means you would be required to collect sales taxes nationwide from no more than 9600 tax jurisdictions across the...
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Apr 23, 2013
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the kind of tax reform we had in 1986 where you eliminate tax references and you lower rates. president obama has tended to be against lowering rates. he wants to raise rates on high income earners. but you've got an interesting situation now. senator, the chairman of the senate finance committee, the ranking democrat now since someone has announced he's not going to run for re-election in 2014. that gives him pretty much a free hand to try to fashion some kind of tax reform if he wants to do it in cooperation with the ranking republican on that committee. i think that it is within the realm of possibility that these two could do that. dave camp, the republican chairman of the house weighs and means committee has been working on the tax reform. we've seen on immigration, the president is leading from behind. he's the opposite of l.b.j. who insisted that congress pass his law without changing a comma. president obama doesn't have much in the way of recommendations. so it's possible, i think, not likely but possible that we could see serious moves towards tax reform. dagen: keep
the kind of tax reform we had in 1986 where you eliminate tax references and you lower rates. president obama has tended to be against lowering rates. he wants to raise rates on high income earners. but you've got an interesting situation now. senator, the chairman of the senate finance committee, the ranking democrat now since someone has announced he's not going to run for re-election in 2014. that gives him pretty much a free hand to try to fashion some kind of tax reform if he wants to do...
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Apr 22, 2013
04/13
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tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombings and lou dobbs gives us his take. @ at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. gerri: charges filed in the boston and bombing the 90 killed has been charged with conspiracy to use a weapon of mass destruction and mirandize. it carries a possible death sentence he is still in a hospital in serious condition. the white house decided to try him in a federal court system instead of t
tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombings and lou dobbs gives us his take. @ at od, whatever...
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Apr 21, 2013
04/13
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we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to the economy in the month of march? was it a temporary slump? or a warning of thin >>> the month of march saw a big slump in economic indicators. like retail sales, consumer confidence all slipping. was march just an air pocket, a blip, or is the economy slowing down again? joining me now is financial economist lindsay and brian westberry. lindsay, we've had these green shoots pop up in the first part of every year for four or five years. and then they go away. is this another sign of that? >> there's certainly no doubt january and february were quite robust. now we're starting to see weakness
we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to...
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Apr 23, 2013
04/13
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tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombgs and lou dobbs gives us his take. at tyco integrated security, we consider ourselves business optimizers. how? by building custom security solutions that integrate video, access control, fire and intrusion protection. all backed up with world-class monitoring centers, thousands of qualified technicians, and a personal passion to help protect your business. when your business is optimized like that, we are tyco integrated security. and we are sharper. hey everybody, hi mom... streaming live with a tour of my new place... knowg you can still reach out. ... and now you've seen it. that's powerful
tax only charges $0.15 for the gas tax. number to. wyoming. $0.14 gas tax help this state have overall prices $3.33 a gallon. number one states is alaska's only $0.8 on a gallon goes to the government but has the second-highest price only be high range hawaii. the highest gas tax is due york 77-gallon. the whole world is like that with new york. more on unions to infiltrate the charter schools and we bring the latest, the boston bombgs and lou dobbs gives us his take. at tyco integrated...
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and often only kevin i went to will be with them all from that taxes it's maison i don't want is some fraud to weaken the united states before then it's breaking this is that. i reckon cardiologist dr omar our claims that the war in iraq destroyed iraq's environment even worse than dropping the bomb on hiroshima did dr ocoee see puts to data that the number of press cancer cases has grown in the country from fifteen to thirty times cases of congenital heart disease have become fifteen times more frequent case of leukemia have increased thirty fold the doctor puts the blame on the weapons used in the one thousand nine hundred one and two thousand and three invasions of iraq and which nato forces used white phosphorus depleted uranium rounds and other toxic gases and poison of substances human rights watch and the world health organization have measured radiation levels in iraq and consider many places in iraq even some very far from the fighting to be contaminated naturally radiation is not racist and foreign soldiers in iraq are not immune usa today even published research results tha
and often only kevin i went to will be with them all from that taxes it's maison i don't want is some fraud to weaken the united states before then it's breaking this is that. i reckon cardiologist dr omar our claims that the war in iraq destroyed iraq's environment even worse than dropping the bomb on hiroshima did dr ocoee see puts to data that the number of press cancer cases has grown in the country from fifteen to thirty times cases of congenital heart disease have become fifteen times...
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Apr 17, 2013
04/13
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we raise the basic rate of payroll tax. that is the tax, it takes just about anything that i hired her as to capital gains, dividends. neil: the kind of stuff that has more of an impact. >> you're right. neil: thank you very much. to rick leventhal in boston with the latest developments. what you're hearing? >> well, 30 agencies have now been assigned to this investigation with more than 1,000 officers involved, including the fbi. today we get a closer look to some of the evidence response technicians working the crime scene behind us on boylson street when they open another block of the street. you can see some of the technicians in their suits collecting evidence at the scene. one of the things they have asked for our photos and videos of the incident right before and after the bombs went off along the marathon route. but we have word tonight may be some of the crime scene photos, some of the evidence that there are now collecting at that scene, including some of those from our fox affiliate in atlanta that appear to show
we raise the basic rate of payroll tax. that is the tax, it takes just about anything that i hired her as to capital gains, dividends. neil: the kind of stuff that has more of an impact. >> you're right. neil: thank you very much. to rick leventhal in boston with the latest developments. what you're hearing? >> well, 30 agencies have now been assigned to this investigation with more than 1,000 officers involved, including the fbi. today we get a closer look to some of the evidence...
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Apr 20, 2013
04/13
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we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to the economy in the month of march? was it a temporary slump? or a warning of things to come? for singing definitely dry mouth has been a problem for me. but i'm also oa lot of medications that dry my mouth out. i just drank tons of water all the time. was never enough. i wasn't sure i was going to be ab to continue singing. i saw my ntist and he suggested biotene. it feels refreshing. my mouth felt moreubricated. i use the biotene rinse twice a day d then i use the y throughout the day. it actually saved my career in a way. because biotene really did make a difference. >>> the month of march s
we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to...
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Apr 22, 2013
04/13
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we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to the economy in the month of march? was it a temrary slump? with the spark miles card from capital one, bjorn earns unlimited rewas for s small business take theseags to room 12 please. [ garth ] bjors small busiss earns double miles on every purchase every day. produce delivery. [ bjorn ] just put it on my spark card. [ garth why settle for less? ahh, oh! [ garth ] great businesses deserve limited reward here your wake up call. [ male announcer ] get the spark business card from capital one and earn unlimited rewards. choose double miles or 2% cash back on every purchase every day. what's in y
we know this president is raising taxes and wants to continue raising taxes. we have an unemployment crisis in this country. i think a lot of people are reading through the president saying, he's looking for an excuse to get riled up and earn money. >> the question is, are they working on jobs and the economy? it appears that's what people want them to do. corey rothman, steve sigmund, sherry jacobus, thank you all very much. >> thank you. >>> coming up, what happened to...
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Apr 21, 2013
04/13
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if you get lots and lots of subsidies you will get jobs, but where you will see it is with higher taxes elsewhere, which will shed jobs. john: each green job cost $175,000 each per job? >> if you really want jobs, you can make an argument in a crisis to subsidize jobs in the short run. you can get many more jobs if you focused on infrastructure or hospitals or other things where you would create a lot of great benefits and more jobs. john: you dispute this using wind power to create the same amount as nuclear plants are you in need to cover the state of rhode island. >> wind turbines are much less efficient partly because they take up a lot of space. john: and they're more efficient than the solar. >> they only work about one fourth of the time. you have to build a lot of backup power. the fuel is free, so potentially we could get to a situation where we are beneficial. but we are not there yet. john: but we are spending like we are. >> a lot of people, global warming, we have to do something now. actually global warming, we have to find smart ways to make sure we can get everybody on b
if you get lots and lots of subsidies you will get jobs, but where you will see it is with higher taxes elsewhere, which will shed jobs. john: each green job cost $175,000 each per job? >> if you really want jobs, you can make an argument in a crisis to subsidize jobs in the short run. you can get many more jobs if you focused on infrastructure or hospitals or other things where you would create a lot of great benefits and more jobs. john: you dispute this using wind power to create the...
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Apr 19, 2013
04/13
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com because every flake is double-toasted... splashed with sweet honey... and covered in rich double-roasted peanuts. mmm. [ hero ] yummy. [ male announcer ] kellogg's crunchy nut. it's super delicious! i don'without goingcisions to angie's list first. you'll find reviews on home repair to healthcare written by people just like you. with angie's list, i know who to call, and i know the results will be fantastic. angie's list -- reviews you can trust. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. >>> let's bring in mike, staff writer and celes
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com because every flake is double-toasted... splashed with sweet honey... and covered in rich double-roasted peanuts. mmm. [ hero ] yummy. [ male announcer ] kellogg's crunchy nut. it's super delicious! i don'without...
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Apr 22, 2013
04/13
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sales tax jurisdictions across the u.s. you will also be audited by out-of-state tax collectors. that is just wrong and unnecessary for year. speak they really want a level playing field. peter: states say this legislation could help them collect $23 billion a year in additional tax revenue. california alone could pull in an extra $4 billion a year. the fire right now is really over an exemption for small online retailers. ebay, however, is pushing for an exemption of 10 million or 50 employees. lori. lori: both sides make a vital argument. peter: this got a test vote in the senate earlier this year. it got 75 votes on a pretty bipartisan basis. this legislation faces stronger opposition in the house from anti-tax. lori: thank you, peter barnes. melissa: crying wolf. former department of transportation inspector says it is just another example of shoddy management. she joins us ahead. lori: a look at the breakdown. you do have shares in the right here. microsoft and caterpillar leading the dow. we will be back right after t
sales tax jurisdictions across the u.s. you will also be audited by out-of-state tax collectors. that is just wrong and unnecessary for year. speak they really want a level playing field. peter: states say this legislation could help them collect $23 billion a year in additional tax revenue. california alone could pull in an extra $4 billion a year. the fire right now is really over an exemption for small online retailers. ebay, however, is pushing for an exemption of 10 million or 50...
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Apr 21, 2013
04/13
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FBC
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pat enof advocating more tax increases on top of the $1.trillion in tax increases we have seen. not making decisions we have to make to get out of control spending, under control and the turn-around the unsustainable deficit and debt. it ones massive budget deficits in the future. >> lou: we have watched continuing resolution after continuing resolution take over what has been the traditional roll of the budget. are we to see another round of continuing resolutions as a result of the blueprint, the president decided to advanc 65 days after it wa due? >> i think we may well. the president made a ecision not to submit a budget while the senate is considering a budget despite he is legally required to do so. part of the reason that we have seen government by continuing resolution is that congress has not been doing its job. passing appropriation bills and making the hard decisions, that all of us are elected to decide. i don't think it's a particularly conservative philosophy. they want to live within your means and not want to bankrupt the country. up fortunately, for the last fou
pat enof advocating more tax increases on top of the $1.trillion in tax increases we have seen. not making decisions we have to make to get out of control spending, under control and the turn-around the unsustainable deficit and debt. it ones massive budget deficits in the future. >> lou: we have watched continuing resolution after continuing resolution take over what has been the traditional roll of the budget. are we to see another round of continuing resolutions as a result of the...
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Apr 22, 2013
04/13
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FBC
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that big new tax is a tax on all internet sales. the details released this weekend for a senate vote today, what? talk about passing it to it find out what's in it, nancy pelosi, furloughs for air traffic contollers started yesterday. the transportation secretary says they're unavoidable. sequester delays may hit you today. "varney & company" is about to begin. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. >> good morning, everyone, sorry to tell you this, but here comes maximum pain. air travelers, listen up. your chances of a flight delay just went up. those furloughs are in place for air traffic contollers, they've got to take one day off every two weeks. ra ray lahood, the same may that told us to drive toyotas, he said they're unavoidable. sequester cuts are here and the
that big new tax is a tax on all internet sales. the details released this weekend for a senate vote today, what? talk about passing it to it find out what's in it, nancy pelosi, furloughs for air traffic contollers started yesterday. the transportation secretary says they're unavoidable. sequester delays may hit you today. "varney & company" is about to begin. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures...
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Apr 20, 2013
04/13
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pat enof advocating more tax increases on top of the $1.7 trillion in tax increases we have see. not maing decisions we have to make to get out of control spending, under control and the turn-around the unsustainable deficit and debt. it ones massive budget deficits in the future. >> lou: we have watched continuing resolution after continuing resolution take over what has been the traditional roll of the budget. are we to see another round of continuing resolutions as a result of the blueprint, the president decided to advance 65 days after it was due? >> i think we may well. the president made a decision not to submit a budget while e senate is considering a budget despite he is legally required to do so. part of the reason that we have seen government by continuing resolution is that congress has not been doing its job. passing appropriation bills and making the hard decisions, that all of us are elected to decide. i don't think it's a particularly conservative philosophy. they want to live within your means and not want to bankrupt the count. up fortunately, for the last four
pat enof advocating more tax increases on top of the $1.7 trillion in tax increases we have see. not maing decisions we have to make to get out of control spending, under control and the turn-around the unsustainable deficit and debt. it ones massive budget deficits in the future. >> lou: we have watched continuing resolution after continuing resolution take over what has been the traditional roll of the budget. are we to see another round of continuing resolutions as a result of the...
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Apr 17, 2013
04/13
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the irs says boston taxpayers will be granted extensions on their tax returns. every little bit helps. that is my "2 cents more." a great night and we will see rebecca tomorr evening. ♪ lou: lou: good evening and thank you for being with us. details tonight emerging about yesterday's horrific terrorist attack and the boston marathon. the two exploons on boils some street wounded 176 by standards. three people killed. martin richard lost his life in thexplosion that also left his brother and sister critically wounded. waiting by the finish line to hug his father and to congratulate him for finishing a marathon. 29-year-old crystal campbell also killed in the attack after adding to the finish line to take a picture of a friend was completing the race. the third victim has now been identified as a graduate student from boston university, but her name has not been released pending notification of next of kin. seventeen other victims tonight remain in critical condition. some have lost limbs or arms, many have suffered severe injuries ttheir legs. doctor operated t
the irs says boston taxpayers will be granted extensions on their tax returns. every little bit helps. that is my "2 cents more." a great night and we will see rebecca tomorr evening. ♪ lou: lou: good evening and thank you for being with us. details tonight emerging about yesterday's horrific terrorist attack and the boston marathon. the two exploons on boils some street wounded 176 by standards. three people killed. martin richard lost his life in thexplosion that also left his...
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Apr 22, 2013
04/13
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CNBC
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cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> u.s. prosecutors are prepping charges against dzhokar tsarnaev. investigators won't say whether they've been begun questioning him in the hospital. he's unable to speak after being shot in the throat. fbi wants to speak with his wife's older brother -- i'm sorry, with his older brother who was killed in the shoot-out thursday night. dr. collins is here, head of north american maple croft. welcome. so, look, first of all, how complicating will this be for the investigation if they're unable to get him to speak? it sounds as though he's beginning to write. >> yes. thanks for having me on this morning. it's important in the beginning context and for this instance. so this is the first islamist attack on the united states since 9/11. in 2006, we had the liquid bomb plot that was foiled. and there's the underwear
cut middle class income taxes to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com >>> u.s. prosecutors are prepping charges against dzhokar tsarnaev. investigators won't say whether they've been begun questioning him in the hospital. he's unable to speak after being shot in the throat. fbi...
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dollars or what's taxed that's the simplest way to. no income tax if you're paid in a it's. worth you're paid in. the bread. now that's it just an exchange a commodity for the use of my time and my skills. survival under rough child and he is sitting there overlooking all of his sheep in front of fema camps and the i.r.s. and fellow reserve the builder burks and see if. we are the nanny state now where we are being watched almost everywhere we go by security cameras and satellites and drones flying over us we've got our military now to to extend democracy out there to the rest of the world and as long as we're sleeping we're just watching t.v. everything's going to be just fine there was a while they lose one of us and they don't really like to lose us but it's all collateral damage. now and. the people here believe very strongly in peace we're pacifists we are anti war. we believe at the same time though that very strong defense and being able to protect your life your liberty and your property is also very important so as we walk through you may see guns scattered across t
dollars or what's taxed that's the simplest way to. no income tax if you're paid in a it's. worth you're paid in. the bread. now that's it just an exchange a commodity for the use of my time and my skills. survival under rough child and he is sitting there overlooking all of his sheep in front of fema camps and the i.r.s. and fellow reserve the builder burks and see if. we are the nanny state now where we are being watched almost everywhere we go by security cameras and satellites and drones...
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Apr 21, 2013
04/13
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FBC
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eye 73
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pat enof advocating more tax increases on top of the $1.7 trillion in tax increases we have seen. not making decisions we have to make to get out of control spending, under control and the turn-around the unsustainable deficit and debt. it ones massive budget deficits in the future. >> lou: we have watched continuing resolution after continuing resolution take over what has been the traditional roll of the budget. are we to see another round of continuing resolutions as a result of the blueprint, the president decided to advance 65 days after it was due? >> i think we may well. the president made a decision not to submit a budget while the senate is considering a budget despite he is legally required to do so. part of the reason that we have seen government by continuing resolution is that congress has not been doing its job. passing appropriation bills and making the hard decisions, that all of us are elected to decide. i don't think it's a particularly conservative philosophy. they want to live within your means and not want to bankrupt the country. up fortunately, for the last
pat enof advocating more tax increases on top of the $1.7 trillion in tax increases we have seen. not making decisions we have to make to get out of control spending, under control and the turn-around the unsustainable deficit and debt. it ones massive budget deficits in the future. >> lou: we have watched continuing resolution after continuing resolution take over what has been the traditional roll of the budget. are we to see another round of continuing resolutions as a result of the...
567
567
Apr 22, 2013
04/13
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FBC
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eye 567
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this is the internet tax we heard about for so long. would this make you less likely to shop on the internet? log on to facebook.co facebook.com/afterthebell, tell us what you think. we'll read your answer as little later this hour. ♪ . [ male announcer ] at his current pace, bob will retire whene's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob n retire at a more appropriate age. it's not rocket science. it's just common sense. from td ameritrade. liz: been a long time since we've seen a stock react like this in the after markets especially to the upside. take a look at shares of netflix, soaring after-hours following first-quarter earnings. we have back to nicole petallides. this is significant jump on very solid numbers. >> it is unbelievable to watch netflix after-hours on the move. we talked about a few things. let's first go over the numbers
this is the internet tax we heard about for so long. would this make you less likely to shop on the internet? log on to facebook.co facebook.com/afterthebell, tell us what you think. we'll read your answer as little later this hour. ♪ . [ male announcer ] at his current pace, bob will retire whene's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and...
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Apr 20, 2013
04/13
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FBC
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if you get lots and lots of subsidies you will get jobs, but where you will see it iwith higher taxes elsewhere, which will shed jobs. john: each green job cost $175,000 each per job? >> if you really want jobs, you can make an argument in a crisis toubsidize jobs in the short run. you can get many more jobs if you focused on infrastructe or hospitals or other things where you would create a lot of great benefits and more jobs. john: you dispute this using wind power tcreate the same amount as nuclear plants are you in need to cover the state of rhode island. >> wind turbines are much less efficient partly because they take up a lot of space. john: and they're more efficient than the solar. >> they only work aboutne fourth of the time. you have to build a lot of backup power. the fuel is free, so potentially we couldet to a stuation where we are beneficial. but we are not there yet. john: but we are spending like we are. >> a lot of people, global warming, we have to do something now. actually global warng, we have to find smart ways to make sure we can get everybody on board, not jus
if you get lots and lots of subsidies you will get jobs, but where you will see it iwith higher taxes elsewhere, which will shed jobs. john: each green job cost $175,000 each per job? >> if you really want jobs, you can make an argument in a crisis toubsidize jobs in the short run. you can get many more jobs if you focused on infrastructe or hospitals or other things where you would create a lot of great benefits and more jobs. john: you dispute this using wind power tcreate the same...
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Apr 23, 2013
04/13
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FBC
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how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where americans don't top work. this that is find just give us an answer, do we as a nation make money? do we benefit? do we prosper because of illegal immigration. you hear everyone say we're a nation of immigrants, why don't they say a nation of illegal immigrants? the questions go on and on, is the path to citizenship appropriate? is it good or bad for the economy? it is good for american society. the real question becames after 10 years of debating this issue, why in the world don't we havv tse answers? that's the big question. if you have been watching politics, and washin
how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where...
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Apr 16, 2013
04/13
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that's like a tax on everything we do. it's not a productive activity. >> i felt it coming into manhattan today. there were more police officers at the bridges and tunnels, people were pulled over on the side of the roads checking cars. took me a long time to get here today because of that. that's out of pocket. >> yeah, it's money. it's time. you spend more time in transitions between home and work, on travel, and think in the past decade of the amount of money this country spent on making people safe. that's an important endeavor in and of itself, but that's not hiring people or investing in new technology. that's not growth. that's a cost. >> after 9/11, or in 2011, we were just on the precipice of the economy turning, and then 9/11 hits. >> 9/11 hits, the recession, people remember that. that was the first of the jobless recoveries. think back. it took a long time. it was during that period we were trying to build a regulatory apparatus to make people safe, a physical app apparatus, and it's not a coincidence we had a
that's like a tax on everything we do. it's not a productive activity. >> i felt it coming into manhattan today. there were more police officers at the bridges and tunnels, people were pulled over on the side of the roads checking cars. took me a long time to get here today because of that. that's out of pocket. >> yeah, it's money. it's time. you spend more time in transitions between home and work, on travel, and think in the past decade of the amount of money this country spent...
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127
Apr 17, 2013
04/13
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with the support of fannie and freddie, and even the mortgage interest tax deduction. the support bases for housing right now seems to be quite artificial, and i think that is why a lot of home builders are afraid to get into this market right now to build more because they are skeptical this is a real recovery. melissa: you are to real estate guys who are not bullish on real estate, how is that? it seems he does not believe in the recovery and the data. >> no, absolutely not. i think there's going to be a significant price increase in housing in the short term. today there may be some momentum created were a lot of momentum created by low intert rate, but when you look historically at the housing market, people need a place to live, even rental properties a lot of them e single-family homes or apartments. at the end of the day, people need a place to go, new household creation is outpacing the supply, so more people looking for a home than there e homes available and nationwide in almost every major metro we are at very low inventory rates so i am bullish. if you want
with the support of fannie and freddie, and even the mortgage interest tax deduction. the support bases for housing right now seems to be quite artificial, and i think that is why a lot of home builders are afraid to get into this market right now to build more because they are skeptical this is a real recovery. melissa: you are to real estate guys who are not bullish on real estate, how is that? it seems he does not believe in the recovery and the data. >> no, absolutely not. i think...
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Apr 17, 2013
04/13
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FBC
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let's juice up and give us tax decreases and tax cuts. do you think that's going to happen? >> i do, i'm optimistic and have always been, but in 2014, i think we'll take the senate and in 2016, the presidency and it doesn't have to be a republican. it can be a jack kennedy democrat and low rate, flat tax, you know, spending restraint and we can get sound money, free trade, mineral regulation and get the heck out of the way and the way that thatcher did and kennedy did and bill clinton did. this is what we need. >> look, i couldn't agree with you more, i do believe that's exactly what we need. and you think that that will be the expectation for the future. >> yes. >> and the stock market will go up early or middle of next year, because it expects that to happen? >> i think so. i mean, you really, unfortunately in this wonderful economy of ours, i love margaret thatcher's speech she said socialism a wonderful until you run out of other people's money to spend. the truth of the matter is we've run out of other people's money to spend. the party is gone and economy is in terribl
let's juice up and give us tax decreases and tax cuts. do you think that's going to happen? >> i do, i'm optimistic and have always been, but in 2014, i think we'll take the senate and in 2016, the presidency and it doesn't have to be a republican. it can be a jack kennedy democrat and low rate, flat tax, you know, spending restraint and we can get sound money, free trade, mineral regulation and get the heck out of the way and the way that thatcher did and kennedy did and bill clinton...
78
78
Apr 18, 2013
04/13
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FBC
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eye 78
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raise taxes. again, i thought that was app example of the to littization of the bombing. >> you know, i say to all the people, both sides of the aisle, anybody else who wanted to do this, give it a rest. it's been a couple days. if you want to make that argument, and frapping's argument is well-taken, but given it a rest for the next couple weeks. let people grieve. let people do what they need to do, and if you want to argue about funding first responders, the sequester, do it later. i don't like, you know, i was in washington for 9/11, and i actually never talk about this, but evacuated with the united states senate, and spent a day with our senators, very few staffers, saw them in the natural environment without handlers for lack of a better word, and they came together. i don't think the american people understand that they really did in the privacy of just them, with few staffer around, they really came together, and there was no partisanship. i want to see that again. >> i agree. i would --
raise taxes. again, i thought that was app example of the to littization of the bombing. >> you know, i say to all the people, both sides of the aisle, anybody else who wanted to do this, give it a rest. it's been a couple days. if you want to make that argument, and frapping's argument is well-taken, but given it a rest for the next couple weeks. let people grieve. let people do what they need to do, and if you want to argue about funding first responders, the sequester, do it later. i...
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Apr 16, 2013
04/13
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they are more worried about the impact on the economy and payroll taxes january 1. connell: let's bring just jeff and from raymond james. let's follow up on what peter is reporting on and the financial markets both yesterday and today. even without what happened in boston yesterday was setting up to be a remarkable day. stocks were down. gold was selling off. there were further jitters after what happened in the afternoon, obviously. >> it reminded me very much of the hunt silver corner. when it finally, when the fever finally broke on october 7, excuse me, january 7 of 1980, you had a hard move on silver just like you did on gold on friday. they try to hold the markets together. the margin calls went out. people had to start selling their commodity positions. i do not know if they play that way here or not, but it has had a heart attack on the market and heart attack patients do not get right off the gurney and run a 100-yard. connell: if it bounces back up, is it in your view over at this point and the second part, what, if any, to the impacts of the bombing have?
they are more worried about the impact on the economy and payroll taxes january 1. connell: let's bring just jeff and from raymond james. let's follow up on what peter is reporting on and the financial markets both yesterday and today. even without what happened in boston yesterday was setting up to be a remarkable day. stocks were down. gold was selling off. there were further jitters after what happened in the afternoon, obviously. >> it reminded me very much of the hunt silver corner....
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Apr 17, 2013
04/13
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david: by the way, the government shouldn't be the one -- it is all those taxes. most of the extra charges seem to be these little nickel and dime taxes that they charge you. that is from the government. the government is not going to solve the problem. the government is part of the problem anyway. lori: i don't know, peter. i think your cell phone bill must be so high you can't afford a razor. david: oh. it is 5:00. he has a 5:00 shadow. lori: he has more than that. >> i'm going to shave right now. lori: thank you. i have an app for that. david: just because he arrives at 3:00 a.m. every morning and doesn't have a chance it shave. lori: i couldn't resist. [laughter] david: oh, lord. >> my shaving app. my shaving app. david: thanks a lot, peter. lori: it can drain your wallet. we'll tell you about a $40,000 cocktail. that will set you back. david: we asked you whether or not you thought apple would regain its mojo. we'll read some of your responses coming up next. ♪ . my mantra? trust your instincts to make the call. to treat my low testosterone, my doctor and i
david: by the way, the government shouldn't be the one -- it is all those taxes. most of the extra charges seem to be these little nickel and dime taxes that they charge you. that is from the government. the government is not going to solve the problem. the government is part of the problem anyway. lori: i don't know, peter. i think your cell phone bill must be so high you can't afford a razor. david: oh. it is 5:00. he has a 5:00 shadow. lori: he has more than that. >> i'm going to shave...
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Apr 18, 2013
04/13
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the arrest in taxes of the wife of the exit justice of the pie there charged with three murders. the d.a., assistant d.a., and the wife of the district attorney. >> the odd thing about that is police went and basically on her confession that she was the one who often these people, sort of, i guess, in retribution for has been getting convicted. very convoluted. he gets convicted of stealing and lost his job. lou: stealing three computers. >> shooting three innocent people. now warmer has it that she will also put the gun and arouse the sand. right now he has not been charged with mders. >> in jail for making terroristic threats, and he is in jail for the bond. what she is now saying, she's the one that pull the trigger. they found a warehouse full of arms and the car. has really been -- the investigation has been amazing. lou: we d't have an opportunity to do this enough. the investigators, law enforcement agencies, the prosecutors have been brilliant in the state of texas in the way in which they have handled this. >> without a doubt. and the fact of the public did not know what
the arrest in taxes of the wife of the exit justice of the pie there charged with three murders. the d.a., assistant d.a., and the wife of the district attorney. >> the odd thing about that is police went and basically on her confession that she was the one who often these people, sort of, i guess, in retribution for has been getting convicted. very convoluted. he gets convicted of stealing and lost his job. lou: stealing three computers. >> shooting three innocent people. now...
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Apr 19, 2013
04/13
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already close at $10 million that is how much the businesses have raised in the wake of the boss said tax to help out the victims we will talk to ken feinberg to has already got a tough assignment and much more will be donated that is the nature to allocate the bp settlement funds and who is providing these funds? former mcdonald's usa ceo is here to remind us that big business is not always evil. but we thought we would cover the story because that is where the money is coming from. not exclusively but 90 percent has been coming from corporations and business titans to want to help particularly the family of this little boy who was killed in the attack but there are others similarly promised relief. >> it is said justin and generous country when our citizens and young people are under such terrific stress all of us pull together and put aside our differences to reach out to try to help. if you look at corporations over the years and decades or centuries mcdonald's mcdonald's, ronald mcdonald house, ford foundation, gates buffett foundation, a great men and women and corporations to suppo
already close at $10 million that is how much the businesses have raised in the wake of the boss said tax to help out the victims we will talk to ken feinberg to has already got a tough assignment and much more will be donated that is the nature to allocate the bp settlement funds and who is providing these funds? former mcdonald's usa ceo is here to remind us that big business is not always evil. but we thought we would cover the story because that is where the money is coming from. not...
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Apr 19, 2013
04/13
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>> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. right now obviously there is a major effort not just ride on the ground in the immediate boston regional area, but now you are looking at the jets' new head, you're looking at the extent to which this was deployed from the outside. and to the extent to which there are supports or a support structure internally your that allow for this attack to take place. connell: two brothers are less to be a part of this, one that was killed and the other that is said to be 19 years old and still at large. you mentioned their background, the fact that there are originally from chechnya. they came here, we think, in 2002 and three, some are in an area. is it possible that they just acted alone? working together as brothers? is it more likely from your experience of the years that they did have some support from the outside, or read my be. >> you know, is suspect gillette to let this point, but if i had to put my chest down on a table i wa
>> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. right now obviously there is a major effort not just ride on the ground in the immediate boston regional area, but now you are looking at the jets' new head, you're looking at the extent to which this was deployed from the outside. and to the extent to which there are supports or a support structure internally your that allow for this attack...
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Apr 17, 2013
04/13
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KICU
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one is you just want to separate out for taxes, for keeping your books straight, and to prove that you are really running a business by keeping it separated. the other is there is a dirty secret around personal credit and business credit. - so using your credit card to pay your business expenses. - and a lot of companies have to do it. it's very natural that you'd want to do that. but every time you max out your credit cards over the holiday season to get inventory, you are lowering your personal credit score, and that is making it harder for you to get business credit in the future. so it is important, as soon as you can, to separate those out. - you make the point of, you need to beg and borrow. what do you mean by that? - sometimes you need to beg and borrow. everybody knows, you might need to go to your uncle or someone in your family to help you start your business. but it is important to document when you do that, so you can invite them back to thanksgiving dinner. know if they are buying a part of your company, know your plan to repay them. know if it is just debt and you are go
one is you just want to separate out for taxes, for keeping your books straight, and to prove that you are really running a business by keeping it separated. the other is there is a dirty secret around personal credit and business credit. - so using your credit card to pay your business expenses. - and a lot of companies have to do it. it's very natural that you'd want to do that. but every time you max out your credit cards over the holiday season to get inventory, you are lowering your...